Successful family restaurant and lounge owned and operated since 1967 is located in downtown Elk Point - a high traffic area. The family has built a name for quality food and service and is ready to pass their business onto a new owner. Enjoy cooking in a top-notch kitchen for in-house customers or for a catering, a lounge with 10 VLT that generate a solid income and a banquet area complete with pool tables, DJ booth, dance area or room for games. The bathrooms - restaurant side and lounge side - have been fully renovated and are wheelchair accessible & gender neutral. The bar area can serve the lounge and banquet quests separately and each have access to bar coolers. The restaurant offers seating for 55, the lounge 30 and the banquet area 50. There's a double attached heated garage for easy access to deliverers and there's a ton of storage. This is the time to corner the market - this property has so much potential and the seller is willing to stay on for training purposes. Please check out this property
Property Type:
Business with Property
Transaction Type:
For Sale
Lease Oper Costs Per Sq M:
$0
Major Bus Type:
Food & Beverage
Minor Bus Type:
FB - Banquet
Business Operating Since:
1967
Business Price Includes:
Equipment/Machinery, Fixtures, Trade Name, Sign
Price Per SqFt:
$135.54
Lot Area:
7,500 sq. ft.697 m2
Lot Frontage:
60'18.3 m
# of Units:
0
Year built:
1978
(Age: 47)
Bathrooms:
-
(Full:-/Half:-)
Building Type:
Street-Level Storefront
Num. of Parcels:
1
Construction:
Brick, Concrete
Water Supply:
Municipal
Sewer Septic:
Municipal/Community
Elk Point
High Traffic Area, Shopping Nearby, Back Lane, Low Maintenance Landscape
Private
Seller Rights Reserved:
No
Zone:
Zone 60
Zoning:
Zone 60
Title to Land:
Fee Simple
Legal Lot:
17&18
Services Connected:
Cable, Electricity, Fully Serviced, Garbage Collection, Lane Paved, Natural Gas, Paved Streets, Telephone, Street Lighting, Sidewalk, City Water
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